Selling A Business | ** An Anonymous Journal **

Thursday, April 08, 2010

Selling A Business

A friend, who owns a car wash business, told me that he has decided to let it go because he is not making money. The reason, I told him, is not that he doesn't have time to monitor his business but it is because he doesn't have a proper POS system installed.

My friend is a businessman and this car wash business is just a side business; sort of like a hobby. However, I am surprised that he doesn't know that all businesses need, particularly service and retail businesses, need reliable POS systems in place.

Anyhow, it's not a bad thing that he's selling it off since he managed to find a buyer who is willing to pay his asking price. So he is profiting from this venture, after all.

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